REI Lense

REI Lense

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$1,751 (target)

483 Springfield Dr, Bristol, TN 37620

3 beds • 2 baths • 2150 sqft

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This property looks like a bad Long-Term investment with a projected -3.79% first-year return on $54,390 initial cash invested.

-3.79%

Cash On Cash

5.6%

Cap Rate

0.94

DSCR

$1,751

Rent

-$172

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$1,751 income − $1,923 expenses = $172 out of pocket

Income$1,751Out of Pocket$172Mortgage P&I$1,29374%Property Taxes$835%Insurance$915%Management$17510%CapEx$885%Vacancy$1056%Maintenance$885%

Investment Breakdown

|

Purchase Price

$259k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$54,390

Downpayment

20%

$51,800

Closing costs

1%

$2,590

Rehab

0%

$0

Furnishing

0%

$0

Cashflow

Total Income

$1,751

Total Expenses

$1,923

Mortgage P&I

74%

$1,293

Property Taxes

5%

$83

Home Insurance

5%

$91

HOA

0%

$0

Property Management

10%

$175

CapEx

5%

$88

Vacancy

6%

$105

Maintenance

5%

$88

Other

0%

$0

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